E-commerce-focused logistics company Ecom Express has managed 20% year-on-year growth during the fiscal year ended March 2023. However, the company’s losses skyrocketed four-fold as its shipping and employee benefits costs rose sharply in the same period. Ecom Express’ revenue from operations increased by 21.9% to Rs 2,548 crore in FY23 from Rs 2,090 crore in …
Continue reading "Ecom Express’ revenue goes past Rs 2,500 Cr in FY23; losses surge 4X"
The post Ecom Express’ revenue goes past Rs 2,500 Cr in FY23; losses surge 4X appeared first on Entrackr.